Property Overview: 11 Hathway Road, River East, Winnipeg
Key Characteristics & Appeal
This 1977 bungalow sits on a notably generous 7,236 sqft lot in Winnipeg's River East neighborhood. With 1,229 sqft of living space and an assessed value of $383k, it presents as a solidly average home in terms of size and official valuation for its area. Its true standout feature is the land: the lot size ranks well above average for the street, neighborhood, and city, offering substantial outdoor space that is increasingly rare.
The appeal lies in its grounded, no-surprises profile and its potential. It suits a practical buyer—perhaps a young family, a downsizer, or an investor—who values space over a flashy finish. The numbers suggest you're paying for a stable property in an established area, not for premium upgrades or square footage. A thoughtful perspective is that its "average" rankings across key metrics indicate a lower risk of overpaying relative to the immediate area, while the large lot provides a clear avenue for future value, whether through gardening, expansion, or simply enjoying more privacy than the neighbors.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($383k) is very close to the local averages for the street and city, providing a strong baseline. However, market conditions, property condition, and buyer demand will ultimately determine the sale price.
2. How does the lot size compare to nearby properties?
The lot is a key advantage. At 7,236 sqft, it is significantly larger than the street average (6,401 sqft) and ranks in the top 9% on Hathway Road, offering more usable outdoor space than most comparable homes.
3. What does the "around average" ranking for living area mean?
With 1,229 sqft, the home's interior size is typical for the area. It's not a sprawling layout, but it is consistent with many other homes in River East, likely offering sufficient space for a smaller household without feeling cramped.
4. The home was built in 1977. What should I consider?
While newer than many Winnipeg homes, a house of this age will likely have had several systems updated. A thorough inspection is essential to understand the condition of the roof, windows, plumbing, electrical, and insulation.
5. How can I find out the exact past sale prices for this home?
The platform does not display MLS sale history. You must request exact figures via the "Request exact figures by email" option on the property page. The service provider will manually look up and email the verified transaction history.